Tag: India

Schneider Electric is installing a site-wide supervisory control and data acquisition management solution at Qatar Foundation’s Education City.  The technology will be implemented across every large building on campus, 42 in all, and will give Qatar Foundation’s operations and security teams a single, centralised platform to manage a number of processes across Education City, including […]

To understand the movement of the microgrid industry, its instructive to watch it’s large players, particularly, right now, Schneider Electric. The company has been navigating the industry’s tributaries for the last five years and seems to be signaling it sees an ocean ahead. The signal came in the form of Schneider’s mid-August announcement of a […]

Greentown Labs, the largest climatetech startup incubator in North America, and Schneider Electric, the global leader in the digital transformation of energy management and automation, have selected four startups for Greentown Labs Bold Ideas 2020 in partnership with Schneider Electric. The six-month partnerships accelerator program is focused on enabling the swift deployment, integration, and operation of energy storage […]

Larsen & Toubro (L&T) Ltd. announced the completion of the disinvestment of its electrical and automation (E&A) business to Schneider Electric for ₹14,000 crore. The divestment deal, announced in May 2018, has been completed after receiving the requisite regulatory approvals and fulfilment of necessary conditions, the company said in a statement. L&T’s exit from the […]

₹14,000-crore deal gets regulatory approvals L&T has divested its Electrical & Automation Business to Schneider Electric for an all-cash consideration of ₹14,000 crore. The deal, which was announced in May 2018, was a complex one and the regulatory approvals have finally come through. The deal is also expected to add to its operating cash flow […]

Schneider Electric completes transaction to combine its Low Voltage and Industrial Automation business in India with Larsen & Toubro’s Electrical & Automation businessKolkata, Aug 31 (UNI) In line  with the Company’s vision to further reinforce  its presence in India, Schneider Electric – the global leader in digital transformation of energy management and automation, today shared, […]

Larsen & Toubro has announced the much awaited closure of its deal to sell its electrical and automation business to France headquartered-Schneider Electric, after the two companies announced the Rs 14,000 crore-deal in May 2018. The Covid-18 pandemic had disrupted the closure of this deal which was earlier expected to be concluded in early 2020. […]

With this, about 5,000 employees of Larsen and Toubro’s electrical and automation business will be integrated with Schneider Electric’s over 2,000 employees. Engineering and construction giant Larsen and Toubro on Monday said it has completed the strategic divestment of its electrical and automation business to Schneider Electric. The move will see India becoming the third largest country in terms […]

The deal, which was first announced in May 2018, is worth Rs 14,000 crore and is one of L&T’s biggest divestment so far by value Engineering conglomerate Larsen & Toubro (L&T) on Monday announced completion of the sale of its electrical and automation (E&A) business to Schneider Electric. The deal was first announced in May […]

Walmart Inc. and Schneider Electric, a leader in the digital transformation of energy management and automation, have announced a new collaboration that will provide increased access to renewable energy for Walmart’s US-based suppliers, enabling them to lead on climate action. The initiative, called the Gigaton PPA (GPPA) Programme, is designed to educate Walmart suppliers about […]